SABIC is a Saudi manufacturing company that specializes in chemicals and intermediates, industrial polymers, fertilizers, and metals. The company, which introduces some 150 new products per year, operates 60 manufacturing and compounding plants in more than 40 countries. SABIC began in 1976 and is majority owned (70%) by the Saudi government. Its headquarters are in Riyadh, Saudi Arabia with major industrial operations in Al-Jubail and Yanbu.